avast software

The rise in malware and online security threats continues to give a big boost to companies that are looking for ways to make the connected world a bit safer. Avast, one of the bigger PC and mobile security software firms that competes against the likes of Microsoft, Symantec and McAfee (Intel) for consumer and enterprise business, today announced a major investment: CVC Capital Partners… Read More

Fresh off the heels of Intel acquiring security software vendor McAfee for $7.7 billion in cash, another household name in the industry, AVAST Software, has raised $100 million in private equity from investment firm Summit Partners.
With the investment, Summit Partners has acquired a minority stake in the company, which markets its popular antivirus software based on a freemium model. Read More